Posts
This week went much better than I had expected. I am still floundering with the eternal and crystallized juggling, and to this day I can't give away the glyphs I made to level up inscription. I might be close to doing the unthinkable... putting them in the guild bank. If any goblins are reading I'm sure they are cringing.
The disenchanting business beat expectations though. I spent 10,000g on mats last week and brought in a whopping 23,300g in revenue. Not a bad week at all. I don't know if these kind of profits will continue, but I transferred another 10k for mat purchases again this week.
The big movers were the new dusts and essences. I always post in both full stacks and individually with both kinds of cosmic essences and infinite dust. The shards still aren't moving all that well, but I'm not too worried. Enchanters are going to need them to get some of the more advanced recipes and demand will continue to rise as more and more people hit 80 and start raiding.
Arcane dust and greater planar essences are also very popular. I'm kicking myself because Saturday I undercut someone who had about 30 individual greater planars up for 9g a piece. I usually keep fixed prices for my enchanting mats (11g for greater planar) since there is no deposit in the AH for them, but I really wanted them to move. When I checked Sunday everything we both posted was gone. What really irks me is that I inadvertently posted my full stacks of greater planar at the same low price.
Another one of the things I do with pricing when I post the same item both individually and in full stacks is that there is a price differential. Usually with a pretty competitive high price items like shards, individual items are a little cheaper than full stacks. Most people don't have enough shards to post full stacks of them, and there is a market for them, so they fetch a bit more as a full stack. On the other hand with a less competitive market like greater cosmic essences I will charge more for individual items than a full stack. There is not much price pressure so I can get away with higher prices and still give an incentive to people who buy in bulk.
This next coming week is all about leveling for me. I think I'll still at least double my 10k investment in the DE mats, but that will be all I'll work on for the most part this week.
The disenchanting business beat expectations though. I spent 10,000g on mats last week and brought in a whopping 23,300g in revenue. Not a bad week at all. I don't know if these kind of profits will continue, but I transferred another 10k for mat purchases again this week.
The big movers were the new dusts and essences. I always post in both full stacks and individually with both kinds of cosmic essences and infinite dust. The shards still aren't moving all that well, but I'm not too worried. Enchanters are going to need them to get some of the more advanced recipes and demand will continue to rise as more and more people hit 80 and start raiding.
Arcane dust and greater planar essences are also very popular. I'm kicking myself because Saturday I undercut someone who had about 30 individual greater planars up for 9g a piece. I usually keep fixed prices for my enchanting mats (11g for greater planar) since there is no deposit in the AH for them, but I really wanted them to move. When I checked Sunday everything we both posted was gone. What really irks me is that I inadvertently posted my full stacks of greater planar at the same low price.
Another one of the things I do with pricing when I post the same item both individually and in full stacks is that there is a price differential. Usually with a pretty competitive high price items like shards, individual items are a little cheaper than full stacks. Most people don't have enough shards to post full stacks of them, and there is a market for them, so they fetch a bit more as a full stack. On the other hand with a less competitive market like greater cosmic essences I will charge more for individual items than a full stack. There is not much price pressure so I can get away with higher prices and still give an incentive to people who buy in bulk.
This next coming week is all about leveling for me. I think I'll still at least double my 10k investment in the DE mats, but that will be all I'll work on for the most part this week.
